OSC obtains court order
The Ontario Securities Commission has filed an application with the Superior Court of Justice seeking an order appointing a receiver and manager of all the property and assets of mutual fund dealer ASL Direct Inc. The matter will be heard before the Superior Court of Justice in Toronto on Nov. 4, the OSC announced on […]
The Ontario Securities Commission has approved a memorandum of understanding with Quebec’s Autorité des marches financiers, which sets out how they will cooperate to oversee TMX Group Inc.The MOU sets out a process for coordination between the OSC and the AMF in the event that someone proposes to own more than 10% of TMX Group. […]
The Ontario Securities Commission has announced the new membership of the Continuous Disclosure Advisory Committee (CDAC) for 2008 – 2010.The CDAC is comprised of members from a variety of industry sectors and provides consultation to OSC staff on the development, implementation and review of continuous disclosure policies and practices. The committee meets on average five […]
Ban to expire next week, at the same time the SEC’s ban also expires
New fee model would rely on historical data and eliminate special participation fees, among other changes
Move follows similar actions taken by the U.S. Securities and Exchange Commission and Britain’s Financial Services Authority
452 reviews conducted by corporate finance branch
Amendments come into force in Ontario on September 12
Report notes top three deficiencies